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CLIENT NEWS: Alirio Torrealba revs up MG Developer’s South Florida pipeline

September 4, 2025

When Alirio Torrealba got started in the real estate business in South Florida, he had neither experience in development nor proficiency in English. He somehow still led the wave of new townhome and condo development in Coral Gables, before expanding into multifamily. Just a decade after its founding, his Coral Gables-based MG Developer is sitting on a project pipeline of more than $500 million, which stretches into Hialeah, Miami, Doral and North Bay Village.Torrealba has veered into a faster lane[...]

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Associate Emily Balter Recognized by Cuban American Bar Association

December 14, 2020

We are immensely proud of Associate Attorney, Emily Balter, who was recently recognized as the Cuban American Bar Association’s Young Lawyer Member of the Year. Emily applied her time and resources this year to further the organization’s mission and goals on the CLE Committee and AIT: Uncorked Event Planning Committee. Congratulations, Emily and the 2020 Honorees!

CLIENT NEWS: Alta Developers begins closings at Quadro at Design District

December 7, 2020

A year after completing a residential project near the Miami Design District, Alta Developers started recording closings at Quadro. The firm, led by principal and CEO Raimundo Onetto, originally planned the 198-unit, 12-story development as a rental tower, then changed course and launched sales earlier this year as a condo project offering long-term and short-term leases. Plans for the building at 3900 Biscayne Boulevard were first announced in 2016. Onetto said in a press release that the move-in ready units are “incredibly desirable” and[...]

CLIENT NEWS: Miami Beach condo project moves forward after developer cuts height by one-third

November 30, 2020

Miami Beach has approved plans for a luxury condo just east of 41st Street after the developer reduced the height by more than a third. The Miami Beach City Commission has approved Mast Capital’s plan to develop the 2.3-acre site at 4000 Alton Road into a luxury condo with maximum height of 85 feet and 175 units. The city’s planning board last summer rejected plans for at 140-foot tower at the site because of its proximity to a single-family neighborhood. The site[...]

CLIENT NEWS: Embattled Sixty Sixty condo-hotel’s units in Miami Beach sell for $15M

November 16, 2020

Integra intends to buy all 82 units of a Miami Beach condo-hotel that was once the subject of a fierce foreclosure battle, already spending $15 million for about 80 units. Miami-based Integra has partnered with Sagar Desai, principal of Miami-based Activate Hospitality, to put together a business plan for the Sixty Sixty hotel at 6060 Indian Creek Drive, principal Victor Ballestas told The Real Deal. The partnership is still deciding if the hotel will partner with a brand to make improvements[...]

CLIENT NEWS: Miami Beach Preservation Board Approves Addition for Generator Hostel and Hotel

October 20, 2020

The Miami Beach Historic Preservation Board has approved a new four-story addition to the Generator hotel and hostel on Collins Avenue. Following pushback from the Board (HPB) and the Miami Design Preservation League in July, plans were revised to retain an existing two-story garage structure and move the proposed new structure further south on the property. The new building was also reduced in height from five stories to four. Generator, which bills itself as a “hybrid between hostels and hotels,”[...]